STOCK TITAN

SLR Senior Investment Corp. Announces Monthly Distribution of $0.10 Per Share for September 2021

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

SLR Senior Investment Corp. (NASDAQ: SUNS) has announced a monthly distribution of $0.10 per share for September 2021. This distribution will be paid on October 1, 2021 to stockholders recorded as of September 23, 2021. The tax characteristics of this distribution will be provided on Form 1099 after the calendar year. The company focuses on investing in U.S. middle-market companies through secured loans, primarily in cash flow senior secured forms.

Positive
  • Declared a stable distribution of $0.10 per share for September 2021.
  • Strong focus on U.S. middle-market companies with secured lending.
Negative
  • Market volatility and COVID-19 may impact future performance.
  • Risks associated with interest rate changes affecting the portfolio.

NEW YORK, Sept. 09, 2021 (GLOBE NEWSWIRE) -- SLR Senior Investment Corp. (the “Company”) (NASDAQ: SUNS) declared a distribution of $0.10 per share for the month of September 2021. The distribution is payable on October 1, 2021 to stockholders of record as of September 23, 2021. The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year.

ABOUT SLR SENIOR INVESTMENT CORP.

SLR Senior Investment Corp. is a closed-end investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. A specialty finance company with expertise in several niche markets, the Company generally invests directly and indirectly in leveraged, U. S. middle market companies primarily in the form of cash flow senior secured loans, including first lien loans, and asset-based loans collateralized on a first lien basis primarily by current assets.

FORWARD-LOOKING STATEMENTS

Statements included herein may constitute “forward-looking statements,” which relate to future events or our future performance or financial condition. These statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties, including the impact of COVID-19 and related changes in base interest rates and significant market volatility on our business, our portfolio companies, our industry and the global economy. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission. SLR Senior Investment Corp. undertakes no duty to update any forward-looking statements made herein, unless required to do so by law.

Contact:
SLR Senior Investment Corp.
Investor Relations
646-308-8770


FAQ

What is the September 2021 distribution for SUNS?

SLR Senior Investment Corp. declared a distribution of $0.10 per share for September 2021.

When will the SUNS distribution be paid?

The distribution will be paid on October 1, 2021.

Who will receive the September distribution from SUNS?

Stockholders of record as of September 23, 2021, will receive the distribution.

What are the investment focuses of SLR Senior Investment Corp.?

The company invests primarily in U.S. middle-market companies through senior secured loans.

Sunrise Realty Trust, Inc.

NASDAQ:SUNS

SUNS Rankings

SUNS Latest News

SUNS Stock Data

92.25M
6.85M
1.04%
37.85%
3%
REIT - Mortgage
Real Estate Investment Trusts
Link
United States of America
WEST PALM BEACH